Fri, Feb 10 2012
Bulgaria was trying to convince the European Union (EU) to allow it keep the Bulgarian term for the European currency, which is `evro', instead of `euro', EUobserver reported.
Other EU member countries had also demanded to keep their versions of the term, but all requests had been denied. The denials "[casted] doubts on Sofia's chances to succeed," EUobserver said.
Bulgaria's State Administration Minister Nikolai Vassilev will discuss the issue with EU council officials on November 10 2006.
The European Central Bank (ECB) requires Sofia to unify its pronunciation of the common European currency with the other countries. The current EU rules state the word `euro' must be identical for all member states, EUobserver said.
Bulgaria said that `evro' was already part of the Bulgarian language made official by linguists as early as 1995. The same word was used in the EU accession treaty. Bulgarians said that if the word "euro" was introduced to their language, it would be completely new and artificial doublet.
The dispute involves different opinions on the correct "cyrilisation of the currency's name as the EU has to take into consideration the Bulgarian (Cyrillic) and Greek alphabets," EUobserver said.
‘I am delighted we managed to identify and attract some of the brightest and best people from Bulgaria and Romania to come and work at the European Commission,’ EC Vice-President Maroš Šefčovič said.
The current ‘negative Arctic Oscillation’ – a weather phenomenon which leads to cold conditions in Europe and relatively warmer conditions in the Arctic – should shift into a more neutral pattern within the next two to three weeks.
The extreme cold has been blamed for almost 400 deaths across Europe. In Ukraine, where temperatures have fallen below minus 30 degrees Celsius, the cold is blamed for at least 122 deaths. Many of the victims were homeless.
At the end of Q3 2011, the highest government debt to GDP ratio was in Greece, at 159.1 per cent.
Foreign Minister Nikolai Mladenov says that Bulgaria supports the draft Security Council resolution presented by Morocco because it outlines a peaceful transition process that is the only way to stop the killings of civilians in Syria.